Royal Caribbean to Acquire Majority Stake in Sandals Resorts for $6 Billion
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Insights by Echo AI
Royal Caribbean is nearing a deal to acquire a majority stake in Sandals Resorts International, valuing the company at over $6 billion. This marks the largest acquisition in Royal Caribbean's history and a significant expansion into land-based vacations. The deal is expected to close in early 2027 and become accretive to earnings the following year.
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